Medical device maker expanding in Fort Wayne
L.H. Medical Corp. said it plans to create up to 65 jobs by 2013 and invest $5.4 million to more than triple the size of its manufacturing operations.
L.H. Medical Corp. said it plans to create up to 65 jobs by 2013 and invest $5.4 million to more than triple the size of its manufacturing operations.
The tax abatement is tied to an expansion in which the company plans to invest $18 million in its Indianapolis operations and add as many as 95 jobs in the next three years.
Indiana Lt. Governor Becky Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and concrete slabs in the downtown business district.
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
The winner, StatsSquared, now will compete against other winners from cities worldwide in an online contest for the overall top prize.
Newsweek magazine listed the city among 10 it says are best situated for economic recovery.
Unite Here has high hopes, but the industry fears its cost advantage would erode.
Unlike past events in Indianapolis, this one features a panel of judges who will select a winning business idea, enabling a team to compete in a global online contest against other winners from cities worldwide.
Daniels and about 40 government and business officials from Indiana are scheduled to be in China until Sunday. The governor and a smaller group will then go to Japan for meetings until returning to Indiana on Nov. 17.
Nexus Valve Inc. plans to invest $2.3 million to expand its headquarters and distribution operations, adding up to 21 jobs by 2015.
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.’s plan to build its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs by 2013.
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the jobs by locating a manufacturing plant in the northeastern Indiana city.
Indiana’s life sciences industry has weathered the recession relatively well, but Eli Lilly’s struggles and tight capital markets could threaten the future.
Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
Venture funds nationwide crested at $100 billion in 2000, but that number last year had drooped to $18 billion.
Delphi Electronics & Safety is moving ahead with a $28 million investment in its Kokomo operations, city officials said this week.
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.